Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
Stronger Ringgit vs USD will lead to export sales value drop by 15% (4.70 vs 4.15). Means sales will drop from 265mil/Qtr to 225mil/Qtr. Profit 就GG.com 了。 so don’t expect share price will hit >3.00 in short term.
Btw, suggest to buy China/Hong Kong stocks, reason being USD rate cut will result fund manager to divert investment to China market, world 2nd larger economy Forget to inform earlier, sorry.